389 Pismo Street, San Luis Obispo, CA 93401 (MLS # SC25040274)

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PRICE $950,000 dsIDX morgage calculator
BEDS 2
BATHS 1
HOME SIZE 1,046 sqft
LOT SIZE 7,502 sqft

This property offers a fantastic investment opportunity in the heart of downtown San Luis Obispo! Zoned R3 with potential to split the lot, this versatile property opens the door to endless possibilities. The charming 2-bedroom, 1-bath main house showcases classic hardwood floors, a striking arched front door with stained glass, and a cozy fireplace with a brick hearth and decorative tile accents. Outdoor spaces include a side garden and a rear patio, perfect for enjoying the mild Central Coast climate. Behind the main house, a separate studio unit features a kitchenette and a ¾ bath, offering excellent rental or guest potential. A peaceful patio with an above-ground pond and waterfall creates a relaxing retreat. Additionally, the oversized 2-car garage provides ample storage and potential for additional units—buyers should check with the city regarding development options. Located in the highly desirable downtown San Luis Obispo area, this property is an exceptional opportunity for investors, developers, or homeowners looking to maximize value. Don't miss out on this rare find!

DAYS ON MARKET 20 LAST UPDATED 3/21/2025
TRACT San Luis Obispo(380) YEAR BUILT 1929
COMMUNITY San Luis Obispo GARAGE SPACES 2.0
COUNTY San Luis Obispo STATUS Active
PROPERTY TYPE(S) Single Family

SCHOOLS
School District San Luis Coastal Unified

PRICE HISTORY
Prior to Mar 21, '25 $1,099,000
Mar 21, '25 - Today $950,000


ADDITIONAL DETAILS
AIR None
APPLIANCES Electric Oven, Electric Range
AREA San Luis Obispo
FIREPLACE Yes
GARAGE Carport, Driveway, Garage, Yes
HEAT Forced Air
HOA DUES 0
INTERIOR Separate/Formal Dining Room
LOT 7500 sq ft
LOT DESCRIPTION Back Yard, Front Yard
PARKING Carport,Driveway,Garage
POOL DESCRIPTION None
SEWER Public Sewer
STORIES 1
SUBDIVISION San Luis Obispo(380)
VIEW Yes
VIEW DESCRIPTION Hills,Neighborhood
WATER Public
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TOTAL MONTHLY PAYMENT

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Listed with Keller Williams Realty Central Coast

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. as of 3/23/25 5:55 AM PDT and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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